Following recent news that Argent and Related Argent will become one company on 1 May 2024, when it will operate under Related Argent Limited, the company has also announced leadership changes and a long term succession plan.
Robert Evans – who has been with Argent for 23 years – is leaving the business at or around the transfer. He has stepped down as Joint Managing Partner of Argent and will remain as a Partner, as well as the CEO of King’s Cross until he leaves. Nick Searl will continue as Managing Partner of Argent until the business transfer.
Partner and Head of Residential for Related Argent, Tom Goodall will become Managing Director with immediate effect. He will lead the combined business from 1 May 2024, which will have approximately 200 employees working across its projects.
“It is an honour to be offered the opportunity to lead the Related Argent Limited business and I look forward to working with my 200 talented colleagues who are delivering some of the best projects in the UK. Our current pipeline is just the start of the Related Argent journey as we aspire to grow the business with new projects both inside and outside of London. Together with Nick Searl and my other Partners, over the coming year we will be focused on preparing ourselves to become one company in May 2024.”Tom Goodall, Managing Director, Related Argent
Current Partners Nick Searl, André Gibbs, Morwenna Hall and Mike Lightbound will all become Executive Directors, and David Partridge will continue as the Related Argent Chair. The leadership team will continue working closely with Co-founder Ken Wong who is also the COO of Related Companies.
“I firstly want to congratulate Tom Goodall on his new role as Managing Director of Related Argent Limited. Our future is in good hands, and I will be working with Tom and my other colleagues to take forward Related Argent as the next evolution of this great business. I also want to thank Robert Evans for everything he has done over the past three years working closely with me as Joint Managing Partner. He has been instrumental to the success of our business and our projects over many years.”Nick Searl, Managing Partner, Argent and Partner of Related Argent
Related Argent has built an enviable pipeline and invested close to £1bn of capital across its projects. The company has leveraged its reputation for delivering sustainable, mixed-use developments, to attract capital investment and major project partners to make significant, substantial and consistent progress during challenging economic times.
The company’s first UK Build to Rent project, Author King’s Cross, is set to open in late Summer 2023. This will be the first in a growing portfolio of Build to Rent assets for the company, that capitalises on its extensive US rental experience.
Earlier this year, the company also announced that it will recruit 50+ staff to support its new London Build to Rent portfolio of over 3,000 new homes.
“We believe that announcing these succession plans well ahead of their implementation creates the right platform for the future leadership to succeed, and for the business to flourish. I would like to congratulate Tom Goodall on his new position as Managing Director of Related Argent Limited and thank Robert Evans and Nick Searl and the Partners for their leadership.”Ken Wong, Co-Founder of Related Argent and COO of Related Companies